ZATCA Allows Non-citizens to Participate in Auctions
The Zakat, Tax and Customs Authority in Saudi Arabia has updated its auction rules, allowing both citizens and non-citizens to participate. The changes enhance transparency and bidder compliance. Visit ZATCA's website for more details.
The Zakat, Tax and Customs Authority (ZATCA) in Saudi Arabia has updated its public auction rules to improve procedures and ensure greater transparency.
The updates apply to all land, sea, and air customs points and include detailed announcements through official channels.
Now, both citizens and non-citizens, including individuals and legal entities, can participate in auctions.
These changes aim to facilitate the sale of confiscated, abandoned, forfeited, or seized goods and enhance bidder compliance.
Interested parties can review the updated rules on the ZATCA website.